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Netflix Chief Reed Hastings Donates $120 Million to Historically Black Colleges and Universities

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variety.com
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Todd Spangler NY Digital EditorNetflix chairman/CEO Reed Hastings and his wife, Patty Quillin, are awarding $120 million to Historically Black Colleges and Universities in support of scholarships — the largest single contribution by an individual donor to HBCUs.The couple are donating $40 million each to Spelman College, Morehouse College and the United Negro College Fund.

The grants come after Netflix announced it will donate $5 million to organizations dedicated to creating opportunities for Black creators, Black youth and Black-owned businesses, amid nationwide protests over racial injustice in the wake of the killing of George Floyd by Minneapolis police.“We’ve supported these three extraordinary institutions for the last few years.

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